POEMS CFD MT5 Promotions

 

1. Promotion Period:

• This promotion is valid from 1 April 2024 to 31 December 2024, both dates inclusive.

2. Qualifying Criteria:

• This promotion is applicable for all Phillip Securities Pte Ltd (“PSPL”) Clients who have not opened a POEMS CFD MT5 account, based on the Client’s unique NRIC/FIN number.
• Each Client is entitled to ONE reward per NRIC/FIN number.
• Accounts closed during the Promotion Period will not be eligible.

3. Rewards Mechanics

• The Reward is a welcome bonus of S$30 CFD Cash Credits.
• Clients are eligible for the Reward when they open a POEMS CFD MT5 account and do an initial funding of at least S$2,000, within the month of opening their POEMS CFD MT5 account during the Promotion Period (Capped at First 10,000 Clients).
• Initial Funding must be made in one transaction. For example, Clients are only eligible if they open a POEMS CFD MT5 account and deposit S$2,000 in one transaction. They will not be eligible for the Reward if they deposit S$2,000 in multiple transactions. For example, if a Client’s initial funding is S$1,500, then proceeds to fund another S$500 to hit S$2000, the Client will not be eligible for the Welcome Bonus.
• CFD Cash Credits are credits that will be deposited into the eligible POEMS CFD MT5 accounts and can be used to offset any CFD charges.
• Eligible clients will receive the Reward in the 2nd week of the following month in their POEMS CFD MT5 Account. Do note that clients who close their account or withdraw the initial funding before the crediting date will not be eligible for the reward.
• Clients will be notified through cfd_marketing@phillip.com.sg to their registered POEMS email address once the Cash Credits have been credited.
• PSPL may, without notice and at any time, substitute any prize with a prize of similar value, as determined by PSPL. Prizes won are given out on an “as it is” basis, and are not transferable, or exchangeable or redeemable for cash. To the extent not prohibited by law, all warranties and representations in connection with the prizes are expressly excluded.

4. The following Clients are NOT eligible to participate in this promotion unless approved by the management of PSPL: All employees of PSPL / Phillip Nova Pte. Ltd. (“PNPL”), and their associated entities (e.g., trading representatives, financial advisor representatives); PSPL and all its subsidiaries (direct or indirect); and their immediate families (e.g. spouse and children).
5. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward.
6. In the event of a dispute over the Client’s eligibility to participate in this promotion, PSPL’s decision will be final.
7. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
8. In the event of a dispute over the Client’s eligibility to participate in this promotion, PSPL’s decision will be final.
9. CFDs may not be suitable for customers whose risk tolerance is low. Customers are advised to understand the nature and risks involved in margin trading. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying security and the issuer or originator is not privy to the CFD contract. Phillip Securities Pte Ltd reserves the right to amend the published information without prior notice. You are advised to read carefully and understand the Risk Disclosure Statement before undertaking transactions in CFDs. As CFD is a Specified Investment Product (SIP), retail customers are subject to the relevant assessment for trading/investing in SIPs.
10. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions and Disclaimers
11. This advertisement has not been reviewed by the Monetary Authority of Singapore

Be rewarded as a frequent trader on POEMS CFD MT5! Frequent traders whose trade volume hit any tier of the category shown below will get to enjoy trading rebates in the next following month.

Here are the different tiers for each asset class:

 

 

 

 

Terms & Conditions

1. This promotion is valid from 1 Jan 2024 to 31 December 2024, both dates inclusive.
2. To be eligible to take part in the Trade for Reward Programme, you must
   • Have a POEMS CFD MT5 Account
   • Have satisfied the minimum monthly trading requirement for one or more categories within a calendar month during the promotion period of the Reward Programme as shown below and above respectively:
     • Index – S$ 1,200,000
     • Equities – S$ 100,000
     • FX – S$ 10,000,000
     • Commodities – S$ 200,000
   • Anyone who meets the criteria above is considered an “Eligible Customer” for the Trade for Reward Programme.
3. The calculation of the total traded contract value for the reward is based on trades done on POEMS CFD MT5 Account.
4. Rebate(s) are calculated based on the tables shown above. Based on the table, the Trading Requirement refers to the minimum monthly trading volume criteria as set out in the tables above (to be calculated at an account level).
5. The maximum total rebate for all asset classes that each customer can receive is capped at S$1888.
6. Customers with multiple accounts will be required to meet the trading requirement on each individual account. Trading volume cannot be combined across different accounts to meet the minimum trading requirement.
7. Customers eligible for the rewards in the month will receive the CFD trading Credits credited to their POEMS CFD MT5 account by 15th of the following month.
8. Each customer is entitled to ONE reward tier for each category only.
9. Any eligible CFD Trades done for this promotion are not entitled to receive the POEMS rewards points.
10. All employees and agents of Phillip Securities Pte Ltd (PSPL) and its associated entities and subsidiaries (direct or indirect) are not eligible to participate in this Promotion.
11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
12. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions.